Alpine Group USVI LLC Takes $83,000 Position in Western Asset High Income Fund II Inc. (NYSE:HIX)

Alpine Group USVI LLC purchased a new stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 12,304 shares of the closed-end fund’s stock, valued at approximately $83,000.

Several other institutional investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC bought a new stake in Western Asset High Income Fund II during the second quarter valued at about $77,000. Commonwealth Equity Services LLC boosted its position in Western Asset High Income Fund II by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 36,470 shares of the closed-end fund’s stock valued at $256,000 after purchasing an additional 4,307 shares in the last quarter. Park Avenue Securities LLC boosted its position in Western Asset High Income Fund II by 10.3% during the second quarter. Park Avenue Securities LLC now owns 42,031 shares of the closed-end fund’s stock valued at $295,000 after purchasing an additional 3,935 shares in the last quarter. Advisor Group Inc. boosted its position in Western Asset High Income Fund II by 7.7% during the second quarter. Advisor Group Inc. now owns 42,137 shares of the closed-end fund’s stock valued at $296,000 after purchasing an additional 3,014 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Western Asset High Income Fund II by 12.5% during the second quarter. Envestnet Asset Management Inc. now owns 42,213 shares of the closed-end fund’s stock valued at $296,000 after purchasing an additional 4,695 shares in the last quarter.

HIX stock traded up $0.01 during trading on Friday, reaching $6.69. 12,330 shares of the company traded hands, compared to its average volume of 212,604. Western Asset High Income Fund II Inc. has a 12 month low of $5.42 and a 12 month high of $7.12. The business has a 50 day simple moving average of $6.69 and a 200 day simple moving average of $6.73.

The business also recently disclosed a dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 20th were given a dividend of $0.047 per share. The ex-dividend date of this dividend was Thursday, September 19th.

Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

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Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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